Kiyosaki disclosed that helium sold his Bitcoin astatine $90,000 aft helium forecast a $250,000 terms people for BTC successful 2026 earlier successful November.
Investor and “Rich Dad, Poor Dad” writer Robert Kiyosaki disclosed connected Friday that helium sold his $2.25 cardinal successful Bitcoin (BTC) and is reinvesting the wealth into businesses helium owns to make further currency flow.
Kiyosaki said that helium acquired the BTC “years ago” erstwhile it was trading astatine astir $6,000 and sold it astatine astir $90,000. The profits from the concern volition beryllium funnelled into 2 “surgery centers” and a billboard business, helium said.
The concern successful these businesses is expected to output $27,500 successful tax-free monthly income by February 2026, helium estimated.
“I americium inactive precise bullish and optimistic connected Bitcoin and volition statesman acquiring much with my affirmative currency flow,” helium said. On Nov. 9, Kiyosaki forecast a BTC terms people of $250,000 by 2026 and a $27,000 per ounce terms people for gold.
The announcement came arsenic a surprise to immoderate investors, and during the worst drawdown successful the existent cycle, arsenic Bitcoin fell beneath $85,000, concisely tapping $80,537 connected Friday earlier rebounding backmost to astir $84,000, the terms astatine the clip of this writing.
Related: Robert Kiyosaki says currency crunch driving crash, stays bullish connected Bitcoin, gold
Despair grips investors, arsenic immoderate analysts accidental it’s the commencement of the adjacent carnivore market
The Crypto Fear & Greed Index, a metric that tracks capitalist marketplace sentiment, fell to a multi-year debased of 11 connected Friday, indicating “extreme fear,” according to CoinMarketCap.
Bitcoin has dropped by implicit 33% from its all-time precocious supra $126,000 reached successful October, days earlier the historic marketplace crash connected Oct. 10 that triggered the astir terrible single-day liquidation successful crypto history.
Peter Brandt, a seasoned trader with decades of experience, said connected Thursday that Bitcoin volition scope $200,000 successful Q3 2029, adding that the marketplace flush is affirmative for BTC, which helium remains semipermanent bullish on.
Record outflows from Bitcoin exchange-traded funds and the ongoing downturn signal short-term distress, alternatively than weakening organization request for BTC oregon deteriorating fundamentals, analysts astatine crypto speech Bitfinex said connected Friday.
Magazine: Bitcoin is ‘funny net money’ during a crisis: Tezos co-founder

1 hour ago







English (US)